L3Harris Technologies Inc $LHX Shares Purchased by Danske Bank A S

Danske Bank A S lifted its stake in L3Harris Technologies Inc (NYSE:LHX) by 45.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 54,864 shares of the company’s stock after purchasing an additional 17,264 shares during the period. Danske Bank A S’s holdings in L3Harris Technologies were worth $16,106,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. GenTrust LLC acquired a new stake in L3Harris Technologies during the fourth quarter worth $231,000. Oppenheimer & Co. Inc. increased its stake in L3Harris Technologies by 1.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 30,629 shares of the company’s stock worth $8,992,000 after acquiring an additional 403 shares during the last quarter. Trifecta Capital Advisors LLC increased its stake in L3Harris Technologies by 2.5% during the fourth quarter. Trifecta Capital Advisors LLC now owns 16,009 shares of the company’s stock worth $4,700,000 after acquiring an additional 385 shares during the last quarter. Prentice Wealth Management LLC acquired a new stake in L3Harris Technologies during the fourth quarter worth $328,000. Finally, US Bancorp DE increased its stake in L3Harris Technologies by 1.3% during the fourth quarter. US Bancorp DE now owns 348,044 shares of the company’s stock worth $102,176,000 after acquiring an additional 4,396 shares during the last quarter. Institutional investors and hedge funds own 84.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Sanford C. Bernstein reissued an “outperform” rating on shares of L3Harris Technologies in a research note on Friday, February 6th. Citigroup raised their target price on L3Harris Technologies from $389.00 to $418.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Susquehanna reissued a “positive” rating on shares of L3Harris Technologies in a research note on Thursday, January 15th. Weiss Ratings cut L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. Finally, Truist Financial raised L3Harris Technologies to a “strong-buy” rating in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, L3Harris Technologies has an average rating of “Moderate Buy” and a consensus price target of $350.18.

Key Headlines Impacting L3Harris Technologies

Here are the key news stories impacting L3Harris Technologies this week:

• Positive Sentiment: Q1 results beat expectations — GAAP EPS $2.72 vs. consensus ~ $2.53 and revenue ~ $5.74B (up ~12% YoY); operating margin and organic growth improved, supporting near‑term profitability. Business Wire: Q1 Results
• Positive Sentiment: Strong weapons and missile demand boosted results — missile solutions revenue rose (~18%); orders of $7.8B and book‑to‑bill of 1.4x pushed backlog to a record ~$40.7B, supporting future revenue visibility. Reuters: Lifts 2026 Profit Forecast
• Positive Sentiment: Company confidentially filed a draft S‑1 for an IPO of its Missile Solutions unit — potential value realization and strategic optionality for shareholders if executed. Reuters: Missile Unit IPO Filing
• Neutral Sentiment: Management raised FY‑2026 EPS guidance to $11.40–$11.60, but the midpoint is slightly below some analyst consensus (introducing mixed reactions despite the raise). Zacks: Guidance Raised
• Negative Sentiment: Market reaction: shares sold off after the print — some investors focused on guidance being slightly light and on near‑term execution/uncertainty around the IPO timing, outweighing the beat for now. Barron’s: Stock Falls After Earnings

Insider Transactions at L3Harris Technologies

In other news, insider Samir Mehta sold 5,528 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $370.32, for a total transaction of $2,047,128.96. Following the completion of the transaction, the insider directly owned 7,756 shares in the company, valued at $2,872,201.92. This trade represents a 41.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Melanie Rakita sold 2,378 shares of L3Harris Technologies stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $341.45, for a total value of $811,968.10. Following the completion of the transaction, the vice president owned 4,882 shares of the company’s stock, valued at approximately $1,666,958.90. This trade represents a 32.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 19,025 shares of company stock worth $6,824,370 over the last ninety days. Company insiders own 0.68% of the company’s stock.

L3Harris Technologies Trading Up 0.1%

LHX opened at $313.58 on Monday. L3Harris Technologies Inc has a 52 week low of $214.10 and a 52 week high of $379.23. The business has a fifty day simple moving average of $352.19 and a 200-day simple moving average of $323.72. The firm has a market cap of $58.57 billion, a P/E ratio of 34.05, a P/E/G ratio of 1.59 and a beta of 0.51. The company has a quick ratio of 0.89, a current ratio of 1.03 and a debt-to-equity ratio of 0.47.

L3Harris Technologies (NYSE:LHX) last released its quarterly earnings results on Thursday, April 30th. The company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.53 by $0.19. L3Harris Technologies had a return on equity of 10.65% and a net margin of 7.71%.The business had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.42 billion. During the same period last year, the business posted $2.41 earnings per share. The company’s quarterly revenue was up 11.9% on a year-over-year basis. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. On average, equities analysts expect that L3Harris Technologies Inc will post 11.48 earnings per share for the current year.

L3Harris Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 5th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, June 5th. L3Harris Technologies’s dividend payout ratio (DPR) is currently 54.29%.

L3Harris Technologies Company Profile

L3Harris Technologies (NYSE: LHX) is an American aerospace and defense company formed in 2019 through the combination of L3 Technologies and Harris Corporation. Headquartered in Melbourne, Florida, the company designs, manufactures and supports a broad range of technology solutions for government and commercial customers, with a particular emphasis on defense, intelligence and public safety applications.

The company’s offerings span communications systems, avionics, electronic warfare, intelligence, surveillance and reconnaissance (ISR) sensors, space systems and mission integration.